Biofrigas (BIOF) Q2 2026 earnings summary

Executive summary

• Achieved commercial operation at Habo facility, producing high-quality liquefied biogas (LBG) suitable for vehicle fuel, marking a key technical and commercial milestone for local LBG production.

• Focused on optimizing Habo, launching phase 2, leveraging reference projects for new business, and strengthening sales efforts.

• Secured investment support for a permanent biogas station at Habo, advancing customer projects and market positioning.

Financial highlights

• Net sales were KSEK 0 for Q2 2026 (unchanged year-over-year); other operating income was KSEK 967 (up from 118).

• Result after financial items for Q2 was KSEK -3,201 (improved from -3,341); for H1 2026, result was KSEK -5,929 (slightly worse than -5,900).

• Earnings per share for Q2 was -0.02 SEK (improved from -0.06); for H1, -0.04 SEK (improved from -0.10).

• Cash flow for Q2 was KSEK 3,015 (up from 1,859), mainly due to new share issue and loan repayment.

Outlook and guidance

• Entering a commercial expansion phase in 2026, with focus on completing Habo phase 2, advancing customer dialogues, and converting technical progress into commercial results.

• Market demand for renewable fuels and local LBG production is expected to remain strong.